Technical analysis - Page 243

• Gold broke resistance zone • Likely to rise to resistance level 1900.00 Gold recently broke the resistance zone located between the resistance levels 1850.00 and 1875.00 (top of the previous corrections (a) and 2 from the end of January)..

• GBPUSD reversed from resistance level 1.4230 • Likely to fall to support level 1.4000 GBPUSD recently reversed down from the major resistance level 1.4230 (top of the previous impulse wave (1) from February) – strengthened by the upper daily.

• Copper reversed from the resistance zone • Likely to fall to support level 443.75 Copper recently reversed down from the resistance zone located between the resistance level 480.00 and the upper daily Bollinger Band. The downward reversal from the.

• EURUSD broke resistance level 1.2180 • Likely to rise to resistance level 1.2240 EURUSD recently broke the key resistance level 1.2180 (which stopped the previous impulse wave 1 at the start of May). The breakout of the resistance level.

• HSI50 rising inside corrective wave (iv) • Likely to rise to resistance level 29500.00 HSI50 index continues to rise inside the minor corrective wave (iv) –which started earlier from the key multi-month support level 27560.00 (low of wave A.

• EURCAD reversed from support level 1.4665 • Likely to rise to resistance level 1.4775 EURCAD recently reversed up from the key support level 1.4665 (which has been repeatedly reversing this currency pair from the start of May). The support.

• Corn reversed from strong support level 650.00 • Likely to rise to resistance level 700.00 Corn recently reversed up from the strong support level 650.00 (top of the previous wave (iv) from April) – strengthened by the lower daily.

• AUDNZD reversed from support level 1.0715 • Likely to rise to resistance level 1.0815 AUDNZD recently reversed up from the key support level 1.0715, intersecting with the lower daily Bollinger Band and 61.8% Fibonacci correction of the upward price.

• NZDJPY reversed from key resistance level 79.15 • Likely to fall to support level 77.70 NZDJPY recently reversed down from the major resistance level 79.15 – which stopped all previous impulse and corrective waves from February. The resistance zone.

• Natural gas broke round resistance level 3.000 • Likely to rise to resistance level 3.265 Natural gas continues to rise strongly after it broke above the round resistance level 3.000 – which is the upper border of the narrow.

• WTI oil reversed from support level 63.25 • Likely to rise to resistance level 66.80 WTI oil recently reversed up from the key support level 63.25 (former resistance from April), intersecting with the 38.2% Fibonacci correction of the upward.

• GBPAUD reversed from resistance 1.8200 • Likely to fall to support level 1.8070 GBPAUD recently reversed down from the key resistance 1.8200 (which has been reversing the price from December) – standing near the upper daily Bollinger Band. The.